Qian Xun Technology (HKSE:01640) ROC %: -3.31% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:01640 Qian Xun Technology Ltd HKSE:01640
70 GF Score
Price HK$0.43
GF Value HK$5.10
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Qian Xun Technology ROC %?

Qian Xun Technology HKSE:01640 -3.37% 70 ROC % is -3.31% as of Dec. 2025. GuruFocus rates HKSE:01640 with a GF Score™ of 70/100 and a GF Value™ of HK$5.10 (Possible Value Trap). The stock has 7 warning signs investors should review.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Qian Xun Technology's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was -3.31%.

As of today (2026-08-12), Qian Xun Technology's WACC % is 10.03%. Qian Xun Technology's ROC % is 1.08% (calculated using TTM income statement data). Qian Xun Technology earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Qian Xun Technology  (HKSE:01640) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Qian Xun Technology's WACC % is 10.03%. Qian Xun Technology's ROC % is 1.08% (calculated using TTM income statement data). Qian Xun Technology earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Qian Xun Technology ROC % Related Terms


Qian Xun Technology ROC % Historical Data

* Premium members only.

The historical data trend for Qian Xun Technology's ROC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Qian Xun Technology ROC % Chart

Qian Xun Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.25 3.33 -0.20 1.35

Qian Xun Technology Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.02 -0.44 0.53 6.04 -3.31
HKSE:01640
70GF Score
Qian Xun Technology Ltd HKSE:01640
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Qian Xun Technology ROC % Calculation

Qian Xun Technology's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=4.62 * ( 1 - 0% )/( (261.739 + 423.296)/ 2 )
=4.62/342.5175
=1.35 %

where

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=490.26 - 192.256 - ( 36.265 - max(0, 323.951 - 371.221+36.265))
=261.739

Invested Capital(A: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=691.776 - 211.418 - ( 57.062 - max(0, 467.842 - 563.844+57.062))
=423.296

Qian Xun Technology's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-16.478 * ( 1 - 1.46% )/( (558.894 + 423.296)/ 2 )
=-16.2374212/491.095
=-3.31 %

where

Invested Capital(Q: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=814.388 - 134.64 - ( 120.854 - max(0, 518.69 - 691.83+120.854))
=558.894

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=691.776 - 211.418 - ( 57.062 - max(0, 467.842 - 563.844+57.062))
=423.296

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data. The tax rate is limited to between 0% and 100%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of -3.31% mean?
Qian Xun Technology (HKSE:01640) has a ROC % of -3.31% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Qian Xun Technology and its competitors.
Is Qian Xun Technology's ROC % too high?
Qian Xun Technology's current ROC % is -3.31%. Overall, Qian Xun Technology has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Qian Xun Technology's ROC % compare to APP and OMC?
Qian Xun Technology's ROC % of -3.31% can be compared against companies in the Media - Diversified industry. The industry median ROC % is 1.49. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Media - Diversified company?
The median ROC % among Media - Diversified companies is 1.49, based on 1,006 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Qian Xun Technology and its competitors. For the Media - Diversified industry, the median ROC % is 1.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qian Xun Technology's current ROC % is -3.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qian Xun Technology stock overvalued right now?
Based on GuruFocus' analysis, Qian Xun Technology (HKSE:01640) is currently considered Possible Value Trap. The stock's GF Value™ is HK$5.10, compared to a current price of HK$0.43 — trading 91.6% below its estimated fair value. The current ROC % is -3.31%. Qian Xun Technology's overall GF Score™ is 70/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Qian Xun Technology (HKSE:01640), the current ROC % is -3.31% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Qian Xun Technology (HKSE:01640) Overvalued in 2026?

Based on GuruFocus' analysis, Qian Xun Technology stock appears to be undervalued. The current stock price of HK$0.43 is trading 91.6% below its estimated GF Value™ of HK$5.10. GuruFocus considers Qian Xun Technology to be Possible Value Trap.

Key valuation signals for HKSE:01640:

  • ROC %: -3.31%
  • GF Value™: HK$5.10 vs. price of HK$0.43 (91.6% below fair value)
  • GF Score™: 70/100 with 7 warning signs

No single metric tells the full story. See the HKSE:01640 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qian Xun Technology Business Description

Address No. 32 Liangmaqiao Road, 1716-01, 15th Floor, Chaoyang District, Beijing, CHN
Qian Xun Technology Ltd is a service provider in the pre-owned digital device trading sector, dedicated to secondhand electronics transactions through AI technology and SaaS platforms, addressing surging market demand amid value-conscious consumption trends. Company has two reportable segments Advertisement segment and Pre-owned E-commerce segment which includes recycling of pre-owned 3C products via multiple channels, including its online platform, self-service kiosks at partner locations, and company-owned retail stores. Leveraging AI and SaaS capabilities, it delivers end-to-end solutions such as precision pricing, intelligent omnichannel distribution, and inventory optimization, enhancing transaction efficiency and profitability margins across the ecosystem.
70GF Score

Get the complete analysis for HKSE:01640

ROC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.43
Price
HK$5.10
GF Value